(MENAFN- Khaleej Times)Hamriyah Free Zone houses over 6200 companies from 157 countries welcoming foreign investment from more than 500 industries in key sectors of oil and gas petrochemicals maritime steel construction and food.
Sharjah: Hamriyah Free Zone-based ATS Terminal has increased its storage capacity from 22000 CBM to 42000 CBM.
The company which offers services like storage and transport of liquid chemicals and fuel completed its phase two expansion recently. Currently ATS Terminal is utilising only a 30 per cent area of the existing plot and have plans to triple their capacity in the future.
“The facility with six piggable pipelines (SS and MS ) from the deep harbor and inner harbor respectively is equipped to handle store and distribute all kinds of Class 1 2 and 3 products on behalf of our customers in the UAE and the GCC. After the expansion our capacity is 42000 CBM” said Avinash Gandhi managing director of ATS Terminal FZE. On the occasion Saud Salim Al Mazrouei director of Hamriyah Free Zone Authority (HFZA) and Sharjah Airport International Free Zone (Saif Zone) said: “We are happy to see the growth of ATS Terminal which has been operational since 2012. We are happy to support our investors and our goal is to create a robust business environment by meeting the needs and demands of our investors and seeing such developments show that we are achieving our goal.”
Gandhi said that his company found HFZA to be the best place to build a liquid storage terminal and that they have plans to kick-start phase three and phase four in 2016 and 2017 respectively. The total investment once all the phases are completed will be over Dh100 million.
Hamriyah Free Zone houses over 6200 companies from 157 countries welcoming foreign investment from more than 500 industries in key sectors of oil and gas petrochemicals maritime steel construction and food.
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